Alignment Healthcare downgraded by BofA Securities with a new price target
$ALHC
Medical Specialities
Health Care
BofA Securities downgraded Alignment Healthcare from Buy to Neutral and set a new price target of $7.25 from $7.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/11/2024 | Sector Weight | KeyBanc Capital Markets | |
| 5/30/2024 | $10.00 | Outperform | Robert W. Baird |
| 5/30/2024 | $7.75 → $11.00 | Neutral → Buy | BofA Securities |
| 5/8/2024 | $6.00 → $8.00 | Neutral → Overweight | Piper Sandler |
| 3/6/2024 | $4.50 | Underweight | Barclays |
| 3/6/2024 | $12.00 → $6.00 | Overweight → Neutral | Piper Sandler |
| 1/24/2024 | $11.00 | Buy | Stifel |
| 11/2/2023 | $7.50 → $7.25 | Buy → Neutral | BofA Securities |
ORANGE, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC) (the "Company") today announced that it has entered into privately negotiated subscription agreements with certain investors, pursuant to which it will issue $330 million principal amount of 4.25% Convertible Senior Notes due 2029 (the "Notes"). The issuance of the Notes is expected to close on November 22, 2024, subject to customary closing conditions. The Notes will be senior, unsecured obligations of the Company, and interest will be payable semi-annually in arrears at a rate of 4.25% per annum. The Notes will mature on November 15, 2029, unless earlier repurchased, redeemed or converted in accor
ORANGE, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), today announced that it will present at the following conferences: UBS Global Healthcare Conference in Rancho Palos Verdes, California on Wednesday, Nov. 13, at 3:30 p.m. PSTStephens Annual Investment Conference in Nashville, Tennessee on Wednesday, Nov. 20, at 9 a.m. CST A webcast and replay of the presentations will be available on Alignment's investor relations website at https://ir.alignmenthealth.com/. About Alignment HealthcareAlignment Health is championing a new path in senior care that empowers members to age well and live their most vibrant lives. A consumer brand name of Alignment Heal
LAS VEGAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage plan from Alignment Health, has been named to U.S. News & World Report's 2025 Best Insurance Companies for Medicare Advantage (MA) Honor Roll in Nevada. With nearly 100 MA plans available in Nevada, Alignment is one of only 5 MA insurers in the state to earn the "Best" ranking badge, which recognizes insurers with a U.S. News rating above 3.8 on a 5-point scale.1 To calculate its 2025 rankings, U.S. News & World Report consulted with more than 30 Medicare experts to identify and weigh the most important quality measures for Medicare Advantage consumers and applied these weights to dat
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
8-K - Alignment Healthcare, Inc. (0001832466) (Filer)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
Shares of American Eagle Outfitters, Inc. (NYSE:AEO) fell during Thursday's session following first-quarter results. American Eagle Outfitters reported adjusted earnings of 17 cents per share and quarterly revenue of $1.143 billion, up from $1.08 billion from the same period last year, but below the analyst estimate of $1.15 billion, according to data from Benzinga Pro. American Eagle Outfitters sees second-quarter operating income in a range of $95 million to $100 million and fiscal-year 2024 operating income in a range of $445 million and $465 million. American Eagle Outfitters shares fell 4.5% to $22.98 on Thursday. Here are some other stocks moving in today’s mid-day session.
U.S. stocks were lower, with the Dow Jones index falling around 1% on Thursday. Shares of HP Inc. (NYSE:HPQ) rose sharply during Thursday's session following better-than-expected second-quarter financial results. Net revenue declined 0.8% Y/Y to $12.8 billion, beating the consensus of $12.6 billion. Adjusted EPS rose 4% Y/Y to 82 cents, surpassing the street view of 81 cents, according to data from Benzinga Pro. HP shares climbed 12.5% to $36.94 on Thursday. Here are some other big stocks recording gains in today's session. Latam Logistic Properties, S.A. (NYSE:LPA) shares jumped 61% to $53.35. Foot Locker, Inc. (NYSE:FL) rose 25.9% to $28.35 following a first-quarter earn
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
Reports $692.4 million in total revenue, up 51.6% year-over-year Increases Medicare Advantage membership, up 57.7% year-over-year to approximately 182,300 members, beating third-quarter and year-end expectationsOne of seven Medicare Advantage Prescription Drug contracts nationally to earn 5- out of 5 stars from the Centers for Medicare & Medicaid Services (CMS), with 98% of company's Medicare Advantage members in plans rated 4-stars or higher for 2025Raises year-end health plan membership and revenue guidance, narrows full-year adjusted gross profit and adjusted EBITDA guidance ORANGE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), today reported finan
ORANGE, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), will release its third quarter 2024 financial results on Tuesday, Oct. 29, 2024, after market close. Following the release, the company will host a conference call to review its financial results at 5 p.m. EDT. Conference Call DetailsA live audio webcast will be available online at https://ir.alignmenthealth.com/. At the start of the conference call, participants may access the webcast at the following link: https://edge.media-server.com/mmc/p/dh2kdfjr A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call at the same web links and will
Reports $681.3 million in total revenue, up 47.3% year-over-year Records strong Medicare Advantage membership growth, up 56.1% year-over-year to approximately 175,100 members, beating expectationsIncreases year-end membership and revenue guidance, and maintains full-year adjusted gross profit and adjusted EBITDA guidance ORANGE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), today reported financial results for its second quarter ended June 30, 2024. "Our exceptional health plan membership growth and strong margin results in the second quarter show we're doing Medicare Advantage right," said John Kao, founder and CEO. "With the scale we have added yea
KeyBanc Capital Markets initiated coverage of Alignment Healthcare with a rating of Sector Weight
Robert W. Baird initiated coverage of Alignment Healthcare with a rating of Outperform and set a new price target of $10.00
BofA Securities upgraded Alignment Healthcare from Neutral to Buy and set a new price target of $11.00 from $7.75 previously
ORANGE, Calif., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC) today announced that Sebastian Burzacchi will join as the new chief operating officer of its management services organization (MSO), and Andreas Wagner will serve as chief people officer, effective immediately. Sebastian Burzacchi, Chief Operating Officer of MSOReporting to Alignment founder and CEO John Kao, Sebastian Burzacchi will direct initiatives that strengthen a core value of the company – supporting doctors. This includes a focus on enhancing provider partnerships and ensuring a seamless experience for doctors with Alignment. "We are thrilled to welcome Sebastian to our leadership team, br
ORANGE, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- Alignment Health — a consumer brand name of Alignment Healthcare, Inc. (NASDAQ:ALHC), a tech-enabled Medicare Advantage company — today announced the appointment of Melinda Kimbro as its new chief people officer. Kimbro joined on June 30 to lead the company's human resources (HR) function and will oversee all aspects of the Alignment employee experience, including talent acquisition, culture, diversity, equity and inclusion, total rewards, and facilities. She will also spearhead the strategic development of internal talent to help further drive innovation and provide rich, ongoing career growth opportunities for employees. "Championing ou
ORANGE, Calif., June 06, 2023 (GLOBE NEWSWIRE) -- Alignment Health, a consumer brand name of Alignment Healthcare, Inc. (NASDAQ:ALHC), a tech-enabled Medicare Advantage (MA) company, is strengthening its sales team with the addition of three executives who will help propel the company's nationwide growth as it champions a new path in senior care. Appointed as Health Plan Chief Growth Officer, Todd Macaluso will lead the company's health plan growth by increasing net membership and improving the overall experience, execution, research and development efforts. David Milligan and Joe Kanatzar will serve as senior vice presidents of sales for California and all states outside California, resp